ASC CMBS Class Revised to 'Evolving'

The rating on class A-5 of Asset Securitization Corp.'s commercial mortgage pass-through certificates series 1995-MD IV has been revised from Rating Watch Negative to Rating Watch Evolving by Fitch Ratings.In addition, class B-1 was placed on Rating Watch Evolving and the ratings on five other classes of the same series were affirmed. Fitch attributed the revision from Rating Watch Negative to the upcoming maturity of the largest of the two remaining loans in the pool. Although class A-5 has unpaid interest shortfalls, the rating agency said it expects the shortfalls to be fully recovered. Fitch can be found online at http://www.fitchratings.com.

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